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Can i fill itr v or itr 5 myself ? help

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Sam Singh (Others) (163 Points)
Replied 25 July 2018

Really :O Then how my CA is filling ITR 5 from last 4 years and NO issue came from income tax


Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167898 Points)
Replied 25 July 2018

He must be an ANGEL !!!

  

1 Like

Sam Singh (Others) (163 Points)
Replied 25 July 2018

hahaha :P

Sir, Can you tell me how to check my business is registered as Firm, AOP or LLP ?

Anyway to check it through from last year ITR etc ?


Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167898 Points)
Replied 25 July 2018

Send me snapshot of last year's ITR V


Sam Singh (Others) (163 Points)
Replied 25 July 2018

Your PM option is not working for me. Please check below image sir



Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167898 Points)
Replied 25 July 2018

This is not ITR5

It is ITR 3 for individual.......

So your firm is neither partnership nor AOP nor LLP

But Proprietorship........ unless any other ITR/s filed.....


Sam Singh (Others) (163 Points)
Replied 25 July 2018

Really then why in the Forum ITR V is written. I thought its ITR 5

Yes my CA said last year its Proprietorship,

So we can file Proprietorship  in ITR 3 ?
 


Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167898 Points)
Replied 25 July 2018

Yes,

follow last year's ITR 3


Sam Singh (Others) (163 Points)
Replied 25 July 2018

Originally posted by : Dhirajlal Rambhia
Yes,

follow last year's ITR 3

Thank you so Much. I want to know one more thing. I just checked my last year income tax returns & My all ITR filled with ITR 4 from 2013 to 2016 but Last year my CA changed it without telling me for the year 2017-2018 it's showing me ITR 3

Is it Possible to change ITR 4 to 3 ?

 


Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167898 Points)
Replied 25 July 2018

Yes, depending upon eligibility & profit percentage of business...



Sam Singh (Others) (163 Points)
Replied 25 July 2018

Originally posted by : Dhirajlal Rambhia
Yes, depending upon eligibility & profit percentage of business...

Sir, I checked There is 30 thousand difference only. In the year 2016 profit was 510K and 2017 Profit was 540K

What is the eligibility for ITR 3


Sam Singh (Others) (163 Points)
Replied 25 July 2018

Originally posted by : Dhirajlal Rambhia
Yes, depending upon eligibility & profit percentage of business...

Sir, I checked There is 30 thousand difference only. In the year 2016 profit was 510K and 2017 Profit was 540K

What is the eligibility for ITR 3
 


J S BHAVSAR (CONSULTING) (1288 Points)
Replied 26 July 2018

Originally posted by : Sam Singh
Really then why in the Forum ITR V is written. I thought its ITR 5

 

You got confused between Roman letter V and numeral 5. 

ITR-V means ITR-Verification Form, the form PDF that gets generated after ITR return is submitted on Efiling website.

ITR-5 is a Income Tax return form.

 

 



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